I'd prefer to watch GLD carefully for higher prices intraday to enter a position, but I don't have the time for that so I'll be starting a small position with August  $160 Puts. This is a trade looking to capitalize on the 60 min negative divergence in GLD.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut 
rates...but....real world interest rates are not always what FED wants it 
to be.
6 years ago

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